BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Yes Securities Report
Voltamp Transformers Ltd. reported an excellent set of numbers owing to ramp up in dispatches and execution along with healthy operating margins despite high raw material inflation.
Order book remains strong at ~Rs 6 billion (0.5 times trailing twelve months revenue) as on Q4 FY22, providing revenue visibility for next few quarters.
Enquiry continues to remain buoyant given rise in spending in capex from both public and private across sectors such as infra, water, power, mining, oil and gas, ports, pharma, data centers, etc.
However, given the steep rise input cost pressure and shortage of cold rolled grain oriented silicon steel a key raw material, Voltamp's management has decided to focus on short cycle orders with assured payment terms.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
